Fortescue
FMG.AX
#378
Rank
$51.62 B
Marketcap
$16.77
Share price
2.02%
Change (1 day)
24.04%
Change (1 year)

Fortescue (FMG.AX) - P/B ratio

P/B ratio as of March 2024 : 2.86

According to Fortescue's latest financial reports the company has a price-to-book ratio of 2.86.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Fortescue - P/B ratio (from 2022 to 2021)

P/B ratio by year

Year P/B ratio Change
2023-12-313.3836.71%
2022-12-312.47-23.06%
2021-12-313.22-47.23%
2020-12-316.0997%
2019-12-313.09145.24%
2018-12-311.26-20.25%
2017-12-311.58-25.04%
2016-12-312.11187.72%
2015-12-310.7335-24.98%
2014-12-310.9778-70.79%
2013-12-313.35-14.29%
2012-12-313.91-24.59%
2011-12-315.18-68.88%
2010-12-3116.6-7.76%
2009-12-3118.0-809.06%
2008-12-31-2.54-105.54%
2007-12-3145.988.03%
2006-12-3124.414.77%
2005-12-3121.3-48.14%
2004-12-3141.088.53%
2003-12-3121.8783.71%
2002-12-312.46